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Redevelopment commission approves two homebound forgivable loans
Summary
The Hammond Redevelopment Commission approved two homebound conditional forgivable loans: $7,699 for Carolina Alcala (718 Cherry Street) and $10,000 for Nicole Cooper (6612 Missouri). The approvals were unanimous, following staff presentation and brief eligibility questions.
The Hammond Redevelopment Commission on May 19 approved two homebound conditional forgivable loans for local homebuyers. Staff told the commission that "Carolina is purchasing 718 Cherry Street. She will receive $7,699 for the forgivable loan. And Nicole is purchasing 6612 Missouri, and she'll receive $10,000," and commissioners voted to approve both awards.
Commissioners asked brief eligibility questions of the applicants and staff before the vote. The motion to approve the loans was made and carried on a recorded roll call, 5‑0. The commission excused the applicants after the approvals.
Speakers: Staff member (presenting the loan amounts); applicants Carolina Alcala; Nicole Cooper.
Votes at a glance: Motion approved by recorded roll call (Tomage, Kubacki, Mosley Shelton, Myricks, Popridge — 5 yes).
